India has long provided tech firms with a source of specialists able to work for low costs, but demand now far outstrips supply, with the country needing a further 213,000 data specialists to reach anticipated demand, according to industry group Nasscom. The squeeze has led to an AI hiring frenzy around the world, with some companies offering such eye-watering incentives as bonus BMW motorcycles to lure talent.
Figuring out why chatbots make things up and how to solve the problem has become one of the most pressing issues facing researchers as the tech industry races toward the development of new AI systems.
Bouncing back from Covid-19, Airbnb in 2022 saw a 70% growth in overnight bookings in India, one of its biggest markets, CEO Brian Chesky told us in an exclusive chat. This and more in today’s ETtech Morning Dispatch.
Federal Trade Commision on Wednesday proposed sweeping changes to a 2020 privacy order with Facebook - now called Meta - that would prohibit it from profiting from data it collects on users under 18.
One of these Pandora's boxes is labeled "artificial intelligence," and it is exemplified by the likes of ChatGPT, Bard and AlphaFold, which testify to humanity's ability for the first time to manufacture something in a godlike way that approaches general intelligence, far exceeding the brainpower with which we evolved naturally.
Department store chain Shoppers Stop's MD Venugopal Nair told analysts last week that there has been a decline in the number of people shopping with families and in groups and that there has been an increase in individual purchases. "We recognise the shift in trends and we continue to bring in brands which cater to that segment," he said.
The chief executives of Alphabet Inc's Google, Microsoft, OpenAI and Anthropic will meet with Vice President Kamala Harris and top administration officials to discuss key artificial intelligence (AI) issues on Thursday, said a White House official.